Coronado Corporation had a projected benefit obligation of $2,890,000 and plan assets of $3,097,000 at January 1, 2020. Coronado also had a net actuarial loss of $437,680 in accumulated OCI at January...

Coronado Corporation had a projected benefit obligation of $2,890,000 and plan assets of $3,097,000 at January 1, 2020. Coronado also had a net actuarial loss of $437,680 in accumulated OCI at January 1, 2020. The average remaining service period of Coronado’s employees is 7.90 years.


Compute Coronado’s minimum amortization of the actuarial loss.